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Cryptopotato

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Arizona’s Digital Asset Reserve Bills Move Forward, But Governor’s Veto Threat Looms

  • Two bills, the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which aim to establish digital asset reserves in Arizona, have cleared the state's House Rules Committee and advanced to the House floor for a full vote.
  • SB 1373 seeks to create a reserve fund composed of digital assets seized during criminal investigations, while SB 1025 focuses specifically on Bitcoin and proposes that the Arizona Treasury and the state's retirement system be permitted to invest up to 10% of available funds into the cryptocurrency.
  • The bills require approval from Governor Katie Hobbs, a Democrat known for her frequent vetoes, raising uncertainty about whether they will garner her support.
  • In other crypto-related news, Kentucky Governor Andy Beshear has signed the "Bitcoin Rights" bill into law, providing legal protection for cryptocurrency users in the state.

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Livebitcoinnews

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XRP Bull Run on Pause: This Could Trigger a New Rally

  • XRP struggles to gain momentum despite SEC lawsuit dismissal.
  • Investors disappointed as XRP fails to break key resistance.
  • Analysts say XRP must break $3 to trigger a rally.
  • XRP remains in a state of cautious anticipation as it awaits a new bull run.

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Livebitcoinnews

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OKX Operator Faces Legal Action in Thailand

  • Thailand’s Securities and Exchange Commission (SEC) has taken legal action against OKX operator Aux Cayes FinTech Co. Ltd. for operating an unlicensed digital asset trading platform.
  • The SEC filed a complaint against OKX and nine individuals for promoting the illegal exchange activities of OKX in Thailand.
  • OKX used social media networks, including Telegram and Twitter, to extensively advertise its unlicensed trading platform in Thailand.
  • Thai authorities warned investors about the risks of using unlicensed digital asset service providers and continue their regulatory actions to clamp down on cryptocurrency trading activities.

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Bitcoinist

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Pro-Bitcoin Leaders Unite? Trump Invites Bukele To The White House

  • United States President Donald Trump is set to host El Salvador’s President Nayib Bukele in Washington later this month.
  • El Salvador's President Bukele agreed to imprison hundreds of suspected Venezuelan gang members deported from the United States, leading to increased cooperation between the two countries.
  • The visit can open the door for discussion on US-El Salvador relations regarding trade, regional security, and migration policies.
  • The meeting could have far-reaching repercussions, solidifying deals on deportations and border protection for the US and bringing economic and political gains for El Salvador.

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Cryptopotato

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Feeding Frenzy: Bullish Corporate Balance Sheets Wolf Bitcoin Up in March

  • In March, corporate treasuries from various locations added Bitcoin to their balance sheets as a financial strategy, signaling a growing trend.
  • Bitcoin ETFs on Wall Street saw positive inflows, catering to regulated investors with custodial services for on-chain BTC.
  • Not only financial conglomerates but also non-financial corporations are now adding BTC to their treasuries to enhance long-term financial strategies.
  • Michael Saylor's company, Strategy, bought a significant amount of BTC, bringing their total holdings to over 500,000 BTC.
  • GameStop, a retail video game chain, announced adding BTC to its balance sheet, showcasing mainstream adoption of Bitcoin.
  • Japanese hotel chain MetaPlanet purchased a substantial amount of BTC, stating intentions to accumulate more for shareholders.
  • KULR Technology Group in California bought more BTC to expand its treasury, emphasizing Bitcoin's role as a macro hedge against uncertainties.
  • Corporate accumulation of BTC has gained momentum possibly due to the FASB's adoption of fair value accounting for BTC holdings, simplifying compliance.
  • This trend suggests a broader acceptance of Bitcoin in the corporate world, with companies actively acquiring BTC to strengthen their financial positions.

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TronWeekly

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Bitcoin Faces Wild Swings Ahead of April 2nd Tariff Announcements: Report

  • Bitcoin faces high volatility ahead of April 2nd, as tariff updates loom, causing market uncertainty.
  • Market fluctuations could intensify if no deals are reached on tariffs, affecting Bitcoin prices.
  • European Union’s tariff concessions and Trump’s negotiation efforts may ease Bitcoin’s price pressure.
  • Bitcoin traders advised to stay informed and prepared for potential market shifts.

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TheNewsCrypto

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Ethereum (ETH) Faces Heavy Selling Pressure: Is $1,500 the Next Stop?

  • Ethereum (ETH) fell to a weekly low of $1,834, marking a 7% decline and approaching its yearly low of $1,760.
  • ETH formed a bearish flag pattern, with MACD and PPO indicating weak momentum and high selling pressure.
  • The latest inflation data from the US and upcoming tariffs by Donald Trump are affecting market conditions.
  • If Ethereum fails to hold above $1,800, it could decline further to $1,550, but breaking above $2,120 may lead to a recovery.

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Bitcoinist

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Taker-Driven Dumps Cool Off As Bitcoin Shows Early Signs Of Recovery – Analyst

  • Bitcoin faces resistance at $90,000, dampening recent bullish momentum.
  • Mixed sentiment among investors, with some cautioning a potential shift toward a bear market while others remain optimistic.
  • Buyers show signs of regaining control as taker-driven selling pressures weaken.
  • Bitcoin's short-term structure weakened, and a quick recovery is crucial to avoid deeper losses.

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Bitcoinsensus

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Best Platforms to Buy Bitcoin: Where to Buy Bitcoin Safely and Beneficially

  • For beginners looking to buy Bitcoin, safety, usability, and profitability are key factors to consider when choosing an exchange.
  • Bitstamp, a veteran in the European market with a focus on safety measures, offers a simple interface, secure storage, and a range of trading features.
  • Gemini, a highly secure platform, focuses on legal and technical security, offering a variety of trading options and features for both beginners and advanced users.
  • Binance, a popular global exchange, provides numerous functionalities, different interface modes, and a wide range of coins for trading, with a focus on security and user experience.
  • Bybit, a newer player in the market, offers advanced capabilities, including derivatives trading, with a strong technical foundation and top-notch security measures.
  • Bitstamp has tiered spot trading fees ranging from 0.3% to 0% for makers, with additional features like FX trading and staking.
  • Gemini's fees vary based on trading options, with regular and active trader interface distinctions, offering a secure and regulated environment for trading.
  • Binance provides a VIP system for fee discounts, with spot trading fees starting at 0.1% for makers and takers, making it cost-effective for users.
  • Bybit has competitive spot trading fees with discounts as traders move up the VIP levels, offering a user-friendly interface and a range of trading features.
  • Each platform—Bitstamp, Gemini, Binance, and Bybit—offers a different set of features, security measures, and fee structures to cater to various trading preferences and levels of experience.
  • Consider your location, level of industry awareness, and personal goals when selecting the best platform to buy Bitcoin, ensuring it aligns with your needs and preferences.

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TheNewsCrypto

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Bitcoin’s Price Swings as Experts Warn of a Possible Drop Below $80K

  • Bitcoin's price remains volatile with resistance at $85K and support at $78.5K.
  • Institutional demand and ETF inflows contribute to bullish sentiment.
  • Experts warn of a possible drop to $72K-$75K or a potential bounce back to $85K-$90K.
  • Bitcoin's future uncertainty influenced by economic factors, market conditions, and investor sentiment.

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Livebitcoinnews

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Ozak AI, Solana, and Chainlink: Which Crypto Has the Best Chance of 500x Growth in 2025?

  • Ozak AI, Solana, and Chainlink are three cryptocurrencies with the potential for major growth.
  • Ozak AI, with its AI-driven approach and early-stage popularity, offers the highest upside potential for 500x gains.
  • Solana, a leading blockchain for DeFi and NFTs, provides solid growth opportunities but may not experience the same level of exponential growth.
  • Chainlink, as the leading decentralized oracle provider, is likely to see steady long-term growth rather than explosive price surges.

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Livebitcoinnews

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Why These 3 Cryptos Are the Best Investments as the Market Gears Up for a Bull Run!

  • Dogecoin (DOGE), Ethereum (ETH), and Ozak AI are identified as excellent investment opportunities as the market prepares for a bull run.
  • Dogecoin remains above $0.180 and has the potential for a significant price increase if it surpasses the $0.1920 resistance level.
  • Ethereum faces challenges to maintain its $2,000 support, but the increase in open interest and trading volume indicate positive market accumulation.
  • Ozak AI combines AI, blockchain, and DePIN technology, positioning itself as a leader in the crypto market and offering a promising investment opportunity.

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Crypto-News-Flash

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Bitcoin to Outshine Gold? Fidelity Calls BTC’s Rise ‘Possible’

  • An executive of Fidelity Investments suggests that Bitcoin could overtake gold, but it may take decades.
  • The director of global macro at Fidelity Investments, Jurrien Timmer, believes that for Bitcoin to surpass gold, it would have to follow either the power law curve or the S-curve trajectory of internet adoption.
  • If Bitcoin grows at the rate indicated by these models and gold maintains its historical compound annual growth rate (CAGR) of 8%, the race between the two assets will be determined by how fast hard money can grow.
  • Previous opinions on the Bitcoin vs gold discussion include the prediction that Bitcoin could reach the market capitalization of gold in 2025, depending on various factors such as its establishment as a strategic reserve in the US.

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Crypto-News-Flash

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Brazil Eyes Bitcoin Reserves to Boost National Prosperity

  • Brazil's Vice President advisor sees Bitcoin reserves as essential for long-term national prosperity and economic resilience.
  • Lawmakers propose allocating 5% of Brazil's reserves into Bitcoin, aiming to modernize and diversify state financial strategies.
  • Brazil is considering the creation of a 'Strategic Sovereign Bitcoin Reserve' (RESBit) by moving 5% of the nation's foreign exchange reserves into Bitcoin.
  • Brazil is embracing new technologies and initiatives such as enabling salaries to be paid in Bitcoin, developing cross-border payment systems, and approving a crypto ETF, signaling its readiness to embrace digital assets.

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Bitcoinist

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IRS DeFi Rule Gets Axed—A Major Win For Crypto?

  • DeFi protocols might no longer report to American tax authorities after the US Senate repealed the IRS “broker” rule.
  • Market observers believe that US President Donald Trump will issue a resolution overturning the Biden-era policy on DeFi protocols.
  • The Senate voted 70-28 to pass legislation revoking the IRS DeFi broker rule, which required DeFi to comply with IRS reporting requirements.
  • The DeFi Education Fund praised American lawmakers for passing the landmark legislation and is looking forward to Trump's signature to officially protect DeFi innovators in the United States.

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